Press Releases

Frankfurt am Main,
October 29, 2012

Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) said today that it welcomes the publication of the report by the Enhanced Disclosures Task Force (EDTF) on “Enhancing the Risk Disclosures of Banks”.

The EDTF is a private-sector initiative, organized under the auspices of the Financial Stability Board (FSB). The EDTF includes representatives of asset management firms, investors and analysts, global banks (including Deutsche Bank), credit rating agencies and auditors.

Deutsche Bank welcomes this report as a valuable contribution to the common goal of enhancing risk disclosures by financial institutions and endorses the overall objective of continuing to refine and improve the quality and usefulness of risk disclosure across the industry generally, building on current efforts by individual firms and the industry as a whole.

Deutsche Bank will carefully consider the EDTF’s principles and recommendations, starting with enhancements being made in its upcoming Annual Report 2012 which will be published on 21 March 2013.

This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 20 March 2012 under the heading “Risk Factors.” Copies of this document are readily available upon request or can be downloaded from www.deutsche-bank.com/ir.